Common use of Reductions of Commitments Clause in Contracts

Reductions of Commitments. The Company shall have the ------------------------- right, at any time and from time to time, to terminate in whole or permanently reduce in part, without premium or penalty, the unutilized portion of the Commitments in excess of the Swing Line Loans plus the Letter of Credit Usage; provided, that the Aggregate Commitment, as reduced, shall at all times be equal -------- to or exceed the Outstanding Obligations at such time. The Company shall give not less than five Business Days' prior written notice to the Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, the Administrative Agent shall notify each Bank of the proposed termination or reduction. Such termination or partial reduction of the Commitments shall be effective on the date specified in the Company's notice and shall terminate or reduce each Bank's Pro Rata share of the Aggregate Commitment so reduced. Any partial reduction shall be in an aggregate minimum amount of $5,000,000. Once reduced in accordance with this Section 2.8, the Commitments may not be increased. -----------

Reductions of Commitments. The Company shall have the ------------------------- right, at any ------------------------- time and from time to time, to terminate in whole or permanently reduce in part, without premium or penalty, the unutilized portion of the Commitments in excess of the Swing Line Loans plus the Letter of Credit UsageCommitments; provided, -------- that the Aggregate Commitment, as reduced, shall at all times be equal -------- to or exceed the Outstanding Obligations at such time. The Company shall give not less than five Business Days' prior written notice to the Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, the Administrative Agent shall notify each Bank of the proposed termination or reduction. Such termination or partial reduction of the Commitments shall be effective on the date specified in the Company's notice and shall terminate or reduce each Bank's Pro Rata share of the Aggregate Commitment so reduced. Any partial reduction shall be in an aggregate minimum amount of $5,000,000. Once reduced in accordance with this Section 2.8, the Commitments may not be increased. -----------

Reductions of Commitments. The Company shall have the ------------------------- right, at ------------------------- any time and from time to time, to terminate in whole or permanently reduce in part, without premium or penalty, the unutilized portion of the Commitments in excess of the Swing Line Loans plus the Letter of Credit Usage; provided, that -------- the Aggregate Commitment, as reduced, shall at all times be equal -------- to or exceed the Outstanding Obligations at such time. The Company shall give not less than five Business Days' prior written notice to the Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, the Administrative Agent shall notify each Bank Lender of the proposed termination or reduction. Such termination or partial reduction of the Commitments shall be effective on the date specified in the Company's notice and shall terminate or reduce each BankLender's Pro Rata share of the Aggregate Commitment so reduced. Any partial reduction shall be in an aggregate minimum amount of $5,000,000. Once reduced in accordance with this Section 2.8, the Commitments may not be increased. -----------